Topic: GM CEO Rick Wagoner to step down at White House request

[Va_Sky]

http://news.yahoo.com/s/ap/gm_wagoner

[G8TR]

Saw this on the news and was astonished that it happened before the announcements tomorrow. Should be some interesting things in the news.

[chuckdoc]

Thank goodness, he has done nothing to improve GM and its stock has gone one direction since his tenure and it is not a good direction. 

[ctyankee]

I am amazed he has kept his job as long as he has. The company never made money while he was in charge, and I am sure he got a bonus every year. Imagine a school that never met No Child Left Behind standards and the principal kept his/her job. Never would happen. They would be replaced.

[chuckdoc]

I am fairly bitter because I have a trust fund with a bunch of GM stock and I could not and still can not sell it.  I just have watched it lose value since he has taken the reigns of the company.